Aave changes USDT borrowing rules and loan costs suddenly jump
The October 20 fixed-supply model underlies the cushion; the implemented 92% threshold adds no cash or guaranteed exit.
Sector
Stablecoins
A stablecoin is a type of cryptocurrency that is designed to maintain a stable value by being pegged to an external reference, such as a fiat currency.
$303.37BSector capitalization
+0.00%over 24 hours
$41.60BTraded in 24 hours
83Assets classified here
Reading a sector. Sector capitalization is the sum of its members’ market capitalizations. Members are assets CoinGecko classifies in this category; most assets belong to several categories, so sector totals overlap and must not be added together.
01
Constituents
| # | Asset | Price | 24h | 7d | Market cap | Value locked | Fees, annualized | MC / fees | From high |
|---|---|---|---|---|---|---|---|---|---|
| 1 |
 TetherUSDT
|
$0.9991 | +0.00% | +0.00% | $182.46B | — | — | — | -24.49% |
| 2 |
 USDCUSDC
|
$0.9996 | -0.01% | -0.01% | $71.56B | — | — | — | -4.20% |
| 3 |
 USDSUSDS
|
$1.00 | +0.00% | +0.04% | $10.00B | — | — | — | -5.41% |
| 4 |
 Ethena USDeUSDE
|
$0.9997 | +0.02% | +0.01% | $4.58B | $3.06M | $0.1217 | — | -3.32% |
| 5 |
 DaiDAI
|
$1.00 | +0.01% | +0.01% | $4.54B | — | — | — | -17.95% |
| 6 |
 USD1USD1
|
$0.9990 | +0.01% | -0.02% | $3.94B | — | — | — | -4.67% |
| 7 |
 Global DollarUSDG
|
$1.00 | +0.00% | +0.00% | $3.15B | — | — | — | -39.55% |
| 8 |
 PayPal USDPYUSD
|
$1.00 | -0.01% | +0.06% | $3.04B | — | — | — | -2.01% |
| 9 |
 Ripple USDRLUSD
|
$1.00 | +0.03% | +0.01% | $2.47B | — | — | — | -6.75% |
| 10 |
 Falcon USDUSDF
|
$0.9951 | +0.03% | +0.02% | $1.88B | — | — | — | -7.40% |
| 11 |
 USDDUSDD
|
$0.9986 | +0.04% | +0.12% | $1.77B | — | — | — | -19.61% |
| 12 |
 United StablesU
|
$0.9992 | +0.02% | -0.05% | $1.61B | — | — | — | -0.85% |
| 13 |
 BFUSDBFUSD
|
$0.9990 | +0.01% | +0.03% | $1.32B | — | — | — | -0.79% |
| 14 |
 USDGOUSDGO
|
$1.00 | +0.02% | +0.02% | $1.30B | — | — | — | -0.21% |
| 15 |
 Open USDOUSD
|
$0.9995 | +0.03% | +0.24% | $837.71M | — | — | — | -1.29% |
| 16 |
 GHOGHO
|
$0.9982 | -0.02% | -0.03% | $697.72M | — | — | — | -3.08% |
| 17 |
 Usual USDUSD0
|
$0.9989 | -0.04% | +0.02% | $541.22M | — | — | — | -24.65% |
| 18 |
 TrueUSDTUSD
|
$0.9990 | -0.01% | -0.03% | $494.03M | — | — | — | -38.28% |
| 19 |
 YLDSYLDS
|
$0.9991 | -0.02% | +0.00% | $493.81M | — | — | — | -0.22% |
| 20 |
 EURCEURC
|
$1.12 | +0.10% | -0.26% | $482.87M | — | — | — | -17.17% |
| 21 |
 A7A5A7A5
|
$0.0119 | -0.69% | +2.21% | $467.59M | — | — | — | -94.81% |
| 22 |
 Re Protocol reUSDREUSD
|
$1.11 | +0.01% | +0.10% | $357.83M | — | — | — | -0.01% |
| 23 |
 SoFiUSDSOFID
|
$0.9995 | -0.01% | +0.01% | $350.01M | — | — | — | -0.22% |
| 24 |
 First Digital USDFDUSD
|
$0.9969 | -0.03% | -0.05% | $303.68M | — | — | — | -13.42% |
| 25 |
 apxUSDAPXUSD
|
$0.9870 | -0.01% | +1.47% | $303.20M | — | — | — | -2.44% |
| 26 |
 Legacy Frax DollarFRAX
|
$0.9915 | +0.03% | +0.06% | $217.44M | — | — | — | -40.39% |
| 27 |
 USXUSX
|
$0.9991 | -0.04% | -0.03% | $201.77M | — | — | — | -17.42% |
| 28 |
 crvUSDCRVUSD
|
$0.9989 | +0.01% | -0.02% | $201.45M | — | — | — | -9.69% |
| 29 |
 EUR CoinVertibleEURCV
|
$1.12 | +0.08% | -0.27% | $191.01M | — | — | — | -8.06% |
| 30 |
 USATUSAT
|
$0.9986 | -0.03% | -0.02% | $183.06M | — | — | — | -0.38% |
| 31 |
 AUSDAUSD
|
$0.9990 | -0.02% | -0.01% | $170.34M | — | — | — | -2.22% |
| 32 |
 GUSDGUSD
|
$0.9975 | +0.00% | +0.00% | $149.41M | — | — | — | -2.39% |
| 33 |
 JPY CoinJPYC
|
$0.006329 | +0.69% | +0.75% | $134.76M | — | — | — | -70.49% |
| 34 |
 JPYSCJPYSC
|
$0.006375 | +0.00% | +0.73% | $132.10M | — | — | — | -3.00% |
| 35 |
 CASHCASH
|
$0.9989 | +0.01% | +0.02% | $128.71M | — | — | — | -5.61% |
| 36 |
 Avant USDAVUSD
|
$0.9984 | +0.10% | +0.00% | $117.74M | — | — | — | -8.43% |
| 37 |
 Aster USDFUSDF
|
$0.9982 | +0.04% | +0.08% | $111.41M | — | — | — | -4.60% |
| 38 |
 Saturn DollarUSDAT
|
$0.9990 | +0.01% | +0.00% | $111.14M | — | — | — | -4.17% |
| 39 |
 Frax USDFRXUSD
|
$1.00 | +0.01% | +0.03% | $100.64M | — | — | — | -8.06% |
| 40 |
 Unity USDUUSD
|
$0.9990 | -0.03% | -0.02% | $99.90M | — | — | — | -20.45% |
| 41 |
 USDaUSDA
|
$0.9671 | — | -1.86% | $94.54M | — | — | — | -5.32% |
| 42 |
 USDAUSDA
|
$0.9633 | +0.03% | -3.17% | $83.40M | — | — | — | -19.23% |
| 43 |
 USDsuiUSDSUI
|
$0.9987 | -0.02% | -0.02% | $79.06M | — | — | — | -2.16% |
| 44 |
 f(x) Protocol fxUSDFXUSD
|
$0.9995 | -0.01% | -0.09% | $78.24M | — | — | — | -3.71% |
| 45 |
 Cygnus Finance Global USDCGUSD
|
$0.9924 | +0.00% | +0.11% | $75.68M | — | — | — | -8.84% |
| 46 |
 Lista USDLISUSD
|
$0.9959 | +0.01% | -0.01% | $75.57M | — | — | — | -50.24% |
| 47 |
 Cap USDCUSD
|
$0.9999 | +0.01% | +0.00% | $75.36M | — | — | — | -14.56% |
| 48 |
 Felix feUSDFEUSD
|
$0.9990 | +0.08% | +0.24% | $74.93M | — | — | — | -6.37% |
| 49 |
 DOLADOLA
|
$0.9940 | -0.26% | -0.07% | $74.48M | — | — | — | -46.90% |
| 50 |
 Crown BRLVBRLV
|
$0.1999 | +0.00% | +1.29% | $73.94M | — | — | — | -2.42% |
| 51 |
 Tori trUSDTRUSD
|
$0.9986 | +0.01% | -0.08% | $71.98M | — | — | — | -0.24% |
| 52 |
 Axis USDUSDX
|
$0.9990 | -0.01% | +0.02% | $67.07M | — | — | — | -0.25% |
| 53 |
 Ondo U.S. Dollar TokenUSDON
|
$1.00 | +0.00% | +0.00% | $63.15M | — | — | — | -8.32% |
| 54 |
 Royal EuroREUR
|
$4.13 | — | +260.85% | $62.01M | — | — | — | -0.01% |
| 55 |
 Precious Metals USDPMUSD
|
$0.6353 | +0.32% | -7.27% | $59.72M | — | — | — | -41.16% |
| 56 |
 Neutrl USDNUSD
|
$0.9983 | — | -0.07% | $53.30M | — | — | — | -3.20% |
| 57 |
 Brazilian DigitalBRZ
|
$0.1987 | -0.04% | +1.24% | $53.03M | — | — | — | -98.01% |
| 58 |
 Resupply USDREUSD
|
$0.9899 | +0.04% | +0.09% | $51.78M | — | — | — | -16.46% |
| 59 |
 Alloy TetherAUSDT
|
$0.9998 | — | +0.01% | $50.11M | — | — | — | -7.43% |
| 60 |
 USDKGUSDKG
|
$1.00 | — | +0.16% | $50.06M | — | — | — | -1.96% |
| 61 |
 BRLA Digital BRLABRLA
|
$0.1987 | -0.31% | +1.11% | $47.63M | — | — | — | -2.91% |
| 62 |
 Fidelity Digital DollarFIDD
|
$0.9994 | -0.02% | +0.00% | $46.08M | — | — | — | -1.15% |
| 63 |
 AllUnity CHFCHFAU
|
$1.21 | -0.10% | +0.13% | $45.57M | — | — | — | -3.46% |
| 64 |
 Metronome Synth USDMSUSD
|
$0.8803 | +0.30% | -0.41% | $45.46M | — | — | — | -74.35% |
| 65 |
 JupUSDJUPUSD
|
$0.9989 | +0.00% | +0.02% | $42.89M | — | — | — | -2.40% |
| 66 |
 FrankencoinZCHF
|
$1.21 | -0.12% | +0.02% | $42.26M | $63.13M | $310,926 | 136.1× | -8.86% |
| 67 |
 Main Street USDMSUSD
|
$0.5466 | +0.00% | +0.14% | $41.51M | — | — | — | -72.72% |
| 68 |
 BOLDBOLD
|
$0.9957 | +0.10% | +0.02% | $38.32M | — | — | — | -1.74% |
| 69 |
 Noon USNUSN
|
$0.9986 | -0.13% | +0.00% | $37.06M | — | — | — | -11.18% |
| 70 |
 EuriteEURI
|
$1.12 | +0.10% | -0.34% | $36.78M | — | — | — | -8.12% |
| 71 |
 Gemini DollarGUSD
|
$0.9986 | +0.00% | +0.00% | $36.20M | — | — | — | -88.39% |
| 72 |
 Aegis YUSDYUSD
|
$0.9988 | +0.03% | -0.22% | $34.50M | — | — | — | -14.67% |
| 73 |
 BUSDBUSD
|
$0.9955 | -0.13% | -0.46% | $34.26M | — | — | — | -61.42% |
| 74 |
 StraitsX XUSDXUSD
|
$1.00 | -0.01% | +0.01% | $34.19M | — | — | — | -43.53% |
| 75 |
 MetaMask USDMUSD
|
$0.9992 | +0.01% | +0.01% | $32.88M | — | — | — | -99.07% |
| 76 |
 Universal USDUSDU
|
$0.9992 | — | -0.17% | $30.74M | — | — | — | -0.27% |
| 77 |
 Monerium EUR emoneyEURE
|
$1.12 | -0.09% | -0.13% | $30.67M | — | — | — | -7.85% |
| 78 |
 Mezo USDMUSD
|
$0.9896 | +0.08% | +0.03% | $29.17M | — | — | — | -27.78% |
| 79 |
 TerraClassicUSDUSTC
|
$0.005084 | +1.35% | +3.29% | $28.34M | — | — | — | -99.53% |
| 80 |
 Tokenised GBPTGBP
|
$1.34 | -0.06% | +0.26% | $26.60M | — | — | — | -28.03% |
| 81 |
 Bucket Protocol BUCK StablecoinBUCK
|
$0.9985 | +0.00% | -0.08% | $25.92M | — | — | — | -18.64% |
| 82 |
 Liquity USDLUSD
|
$1.00 | +0.55% | -0.18% | $25.81M | — | — | — | -36.98% |
02
Sector coverage
Recent stories about assets in this sector. Each story appears on one sector page only, so sectors that share members still carry different coverage.
US senator probes Tether after reported deal with ex-Trump crypto adviser
The Democratic ranking member of the Senate Permanent Subcommittee on Investigations asked Paolo Ardoino for records related to a reported deal between Tether and Nxum.
Circle targets 40 markets – Can USDC make cross-border payments cheaper?
Understanding USDC's dominance in stablecoin transaction volume.
Circle's EURC adds $4.8 million in a week as euro stablecoins keep inching up
EURC's growth highlights the increasing diversification in stablecoin markets, potentially reducing reliance on USD-backed assets globally.
Lynq and The Better Money Company convert client assets to RLUSD in minutes during live test
The successful test could accelerate the integration of stablecoins in institutional finance, enhancing liquidity and settlement efficiency.
Sky's $4.4 billion liquidity disclosure shows why USDS cash-outs need a separate bank route
Sky's October 9 PSM disclosure highlights existing conversion liquidity, while borrowing and token migration need not bring matching new dollars into crypto.
Standard Chartered launches RLUSD custody, plans LMAX trading integration
Standard Chartered also partners with LMAX Group to let institutional clients use RLUSD held in custody for trading…
Aave's USDG rollover plan has a yield below most quoted borrowing rates
February PT yield trails three quoted funding rates; GHO was cheaper in the Oct. 7 snapshot, and replacement-token rewards remain unconfirmed.